West End Bank, S.B. in Richmond, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • West End Bank, S.B. in Richmond, Indiana (IN)
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West End Bank, S.B. routing number info

West End Bank, S.B. - Overview

  • General
  • FDIC Certificate #: 28807
    Status: Active
    Federal Reserve ID: 577472
    Date Established: January 01, 1893
    WWW: http://www.westendbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 2400
    FDIC's unique #: 41641
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: November 11, 1936
    Last Structure Change Effective Date: September 28, 2007
    Last Structure Change Process Date: January 08, 2008
    Last Data Update: January 08, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 34 S 7th Street, Richmond, IN 47374
    County: Wayne
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Indianapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Core Based Statistical Area (CBSA): Richmond, IN (#39980)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Entity Type
  • Financial Summary
  • Total assets: $240.5 mil
    Equity capital: $18.1 mil
    Deposits held in domestic offices: $194.7 mil
    Return on assets (ROA): 0.35% ($0.8 mil)
    Quarterly return on assets: 0.42% ($1.0 mil)
    Return on Equity (ROE): 4.45% ($0.8 mil)
    Quarterly return on equity: 5.45% ($1.0 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.53% ($1,274.7 mil)
    Quarterly Pretax return on assets: 0.64% ($1,539.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 62Total employees (full-time equivalent)
  • $240,513Total assets
  • $22,685Cash and due from depository institutions
  • $20,793Interest-bearing balances
  • $47,878Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $154,595Net loans & leases
  • $1,904Loan loss allowance
  • $0Trading account assets
  • $3,631Bank premises and fixed assets
  • $736Other real estate owned
  • $440Goodwill and other intangibles
  • $240,513Life insurance assets
  • $10,548All other assets
  • $222,401Total liabilities and capital
  • $194,703Total liabilities
  • $185,888Total deposits
  • $194,703Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $27,000Trading liabilities
  • $0Other borrowed funds
  • $698Subordinated debt
  • $18,112All other liabilities
  • $18,112Total equity capital
  • $18,112Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $18,112Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $533Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,704Income earned, not collected on loans
  • $0Earning assets
  • $1,030Long-term assets (5+ years)
  • $223,266Average Assets, year-to-date
  • $86,894Average Assets, quarterly
  • $223,148Volatile liabilities
  • $232,966Insider loans
  • $153,911FHLB advances
  • $228,611Loans and leases held for sale
  • $4,742Unused loan commitments
  • $4,742Tier 1 (core) risk-based capital
  • $17,712Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,983Restructured Loans and leases
  • $1,794Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,201Total interest income
  • $3,239Total interest expense
  • $7,962Net interest income
  • $1,625Provision for loan and lease losses
  • $1,727Total noninterest income
  • $0Fiduciary activities
  • $524Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,203Additional noninterest income
  • $6,976Total noninterest expense
  • $3,720Salaries and employee benefits
  • $490Premises and equipment expense
  • $2,766Additional noninterest expense
  • $1,088Pre-tax net operating income
  • $95Securities gains (losses)
  • $396Applicable income taxes
  • $787Income before extraordinary items
  • $0Extraordinary gains - net
  • $787Net income attributable to bank
  • $0Net charge-offs
  • $787Cash dividends
  • $1,420Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.42%Yield on earning assets
  • 1.57%Cost of funding earning assets
  • 3.86%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 3.38%Noninterest expense to earning assets
  • 0.32%Net operating income to assets
  • 0.35%Return on assets (ROA)
  • 0.53%Pretax return on assets
  • 4.45%Return on equity (ROE)
  • 4.45%Retained earnings to average equity (YTD only)
  • 0.92%Net charge-offs to loans
  • 114.44%Credit loss provision to net charge-offs
  • 1.91%Efficiency ratio
  • 71,999Assets per employee
  • 3.88%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.22%Loss allowance to noncurrent loans
  • 111.74%Noncurrent assets plus other real estate owned to assets
  • 1.01%Noncurrent loans to loans
  • 1.09%Net loans and leases to deposits
  • 79.40%Net loans and leases to core deposits
  • 83.21%Equity capital to assets
  • 7.53%Core capital (leverage) ratio
  • 7.75%Tier 1 risk-based capital ratio
  • 11.51%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $223,148Average earning assets
  • $17,685Average equity
  • $206,513Average loans

List of branches

  • 5 Indiana Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    041641West End Bank, S.B.34 S 7th Street, Richmond, IN 47374January 01, 1893Full Service Brick and Mortar
    1270718Hagerstown Branch10 East Main Street, Hagerstown, IN 47346January 01, 1893Full Service Brick and Mortar
    2270719Liberty Branch207 North Main Street, Liberty, IN 47353January 01, 1893Full Service Brick and Mortar
    6465275Eastside Branch101 South 37th Street, Richmond, IN 47374September 25, 2006Full Service Brick and Mortar
    7510421Richmond High School Branch380 Hub Etchinson Pkwy, Richmond, IN 47374April 07, 2009Limited Service Mobile

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